We Guarantee Approval Because We Build In Equity…
And LOVE Working With All Types Of Buyers.
Let’s be honest: most custom builders are pretty snooty… they’re really proud of their homes, and their prices reflect it.
They generally only build a small handful of homes a year, and they like projects with price tags well north of $500,000. They’re not worried about controlling costs because they just pass it all along to the customer. The result is that as much as 20% of the sales price goes to the builder, which could be $100,000 or more on that half-million-dollar home.
We’re a completely different kind of builder… with a whole different mentality.
We’re just good old boys from Oklahoma that know how to build homes right… for less money.
We believe that there is beauty in a 1,200 square foot custom home… or a 5,200 square foot home.
We build dozens of homes per year at all price ranges and for customers with all levels of credit scores and financial abilities.
People always want to know: How can we possibly guarantee approval, even for people with bad credit scores?
It’s real simple: We have lenders that will approve projects as long as there is 20% equity in the home. We can always get to 20% equity with a combination of your land or down payment, PLUS our ability to build homes for less money than other builders.
Here’s an example: You put 10% ($22,000) down on a home we build and sell to you for $220,000. The home appraises for $250,000. This means you move in with $52,000 equity (your $22,000 down payment plus $30,000 in value), which equals 21% equity.
We can get that approved with one of our lenders all day, every day, regardless of credit.
If you have bankruptcies or can’t verify income, we can still work with you. We have several different lending programs to cater to different financial and credit situations. Here is how our client profiles break down:
Have good credit and have no trouble getting construction loans or mortgages.
Think they have bad credit, but it’s actually good enough to qualify for a mortgage but not a construction loan. We take out the construction loan, then sell you the house with a conventional mortgage when you move in.
Have poor credit; we take out the construction loan and mortgage, then lease the house to you for a short amount of time until your credit has improved enough for you to qualify for a conventional mortgage.
Have terrible credit; same program as for customers with poor credit (see column to the left) but instead of a conventional mortgage, owner financing is provided.
Have a weird/unusual/complicated situation that we work out a custom solution for.
Note that the percentages above are not exact, and that we have MANY different programs available that cater to individual situations. We can find a way to help you build a custom home!
We’ve been building homes for over 20 years in this area. We know how to build for less without cutting quality corners. We have an extensive network of sub-contractors, and an expertise in managing the design and building process for maximum efficiency. In short, we are a highly experienced, well-oiled building machine! That allows us to consistently sell homes for less money than other builders.